(Bloomberg) — Lead times for semiconductor deliveries increased once more in February, a sign that shortages continue to plague chip buyers across a wide range of industries.
Lead times — the time between ordering and delivery of a chip — increased last month by three days to 26.2 weeks, according to a study by Susquehanna Financial Group. In January, the group reported that delays were shortening, the first sign of improvement since 2019.
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The Wait for Chips
Although delivery times increased once more, they did not do so as fast as during much of 2021. But some sectors have been affected more than others. Microcontroller lead times peaked at 35.7 weeks in February, according to the Susquehanna study. Lead times also increased by a week and a half for power management components. Both are essential parts of many electronic products, including car components.
The global shortage of semiconductors began in the first half of 2020, driven by demand for consumer technology and vehicles triggered by the pandemic. Chip shortages have slowed production of everything from smartphones to pickup trucks, causing billions in lost revenue and contributing to inflation by driving up costs.
The Biden administration said in January that foresaw that the shortage will continue until at least the second half of the year. Chip industry executives have warned that some chip users won’t be able to get all the supplies they need until 2023.
original note:
Wait Times for Chip Deliveries Grow Again as Shortages Persist
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